Business

Austrian advocacy group NOYB filed a lawsuit against social media platform X on Monday, blaming the Elon Musk-owned firm for training its artificial intelligence (AI) with users' personal data without their permission, infringing EU privacy regulations.

August 12, 2024

Business

NOYB files GDPR complaint against X for alleged AI data misuse

A regulatory filing revealed that Berkshire Hathaway sold approximately 33.9 million shares of Bank of America for about $1.48 billion over multiple transactions this week.

July 20, 2024

Business

Berkshire Hathaway reduces stake in Bank of America

On Wednesday, the National Transportation Safety Board said it had organized 20-hour hearings over two days on the January Alaska Airlines Boeing 737 MAX 9 in-flight door plug emergency and would check the supervision of US safety regulators.

July 17, 2024

Business

NTSB to hold extensive hearings on Boeing 737 MAX safety and manufacturing

According to a statement from Adobe Analytics on Wednesday, consumers spent nearly $7.2 billion online across retailers during the first day of Amazon's Prime Day in the United States.

July 17, 2024

Business

Adobe Analytics reports $7.2bn in US online sales

Greater Manchester Pubs are optimistic about a much-needed increase from England's Euro 2024 final match.

July 13, 2024

Business

UK pubs set for boom as England faces Spain in Euro 2024 final

Wall Street banks apprised of a healthier deal pipeline and a jump in investment banking movement in quarterly profits on Friday, but they even mentioned a few headwinds and reasons for vigilance.

July 12, 2024

Business

Wall Street banks report investment banking surge

The companies stated Saturday that China's BYD will acquire a 20% stake in its local distributor, Rever Automotive, in Thailand.

July 7, 2024

Business

China’s BYD acquires 20% stake in Thai distributor Rever Automotive

British fintech firm Revolut made a record pretax earnings of 438 million pounds ($553.81 million) in 2023 on solid user growth and zooming interest-related revenue, it said on Tuesday, as it seeks to cement its position as Europe's most valuable startup.

July 2, 2024

Business

Revolut reports record profit amid strong user growth and interest income

Shares in Anglo American dropped 3% on Monday after the miner suspended production at its Grosvenor steelmaking coal mine in Australia following an underground blaze that broke out over the weekend.

July 1, 2024

Business

Anglo-American shares drop after fire at Australian coal mine

A federal judge said Visa and Mastercard could probably resist a "substantially greater" settlement with merchants who said they overpaid on swipe costs than the $30 billion agreement she denied this week.

June 29, 2024

Business

Judge says Visa and Mastercard can likely withstand larger swipe fee settlement

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